VIAC Handbook Rules of Arbitration and Mediation

Celebrating its fiftieth anniversary in 2025, the Vienna International Arbitral Centre (VIAC) continues to enhance its position as one of the leading arbitral institutions globally with a special focus on Central and Eastern Europe. This Third Edition of the VIAC Handbook - written by leading arbitration and mediation experts, many actively involved in the institution - provides detailed commentary to each provision, focusing on their practical application. This Third Edition addresses recent questions from practitioners and significant changes to the rules since the 2018 edition. Key updates include: expansion of VIAC s authority to administer investment proceedings; revision of the mediation rules; new and revised provisions regarding third-party funding, disclosure, use of digital technology, and costs; a new model arbitration clause for intra-corporate disputes; and special provisions for succession-related disputes. The book also incorporates the Explanatory Notes prepared by the VIAC Secretariat, along with insights into the Secretariat s day-to-day practice. The main benefit of this Handbook lies in its great practical utility during arbitral proceedings under the Vienna Rules, and it will be of great value to corporate counsel, international lawyers, and arbitrators working in either civil law or common law frameworks, as well as to academics concerned with dispute resolution.